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Trump administration backs Three Mile Island nuclear restart with $1 billion loan to Constellation
CNBCยท 2025-11-18 21:15
The Trump administration will provide Constellation Energy with a $1 billion loan to restart the Crane Clean Energy Center nuclear plant in Pennsylvania, Department of Energy officials said Tuesday.Previously known as Three Mile Island Unit 1, the plant is expected to start generating power again in 2027. Constellation unveiled plans to rename and restart the reactor in Sept. 2024 through a power purchase agreement with Microsoft to support the tech company's data center demand in the region.Three Mile Isla ...